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Re:Low interest rates in advanced countries have pushed mone... by pjdemers on Wednesday November 24, 2021 @12:47PM (#29332776)
Twenty years from now, when 10,000 baby boomers are dying every day, housing prices will be in free fall, with no end in sight. That's too late for most of us, but today's small children will have no problem buying a house as adults, if they even want one.
Re:Low interest rates in advanced countries have pushed mone... by GoOnThenDoTell on Wednesday November 24, 2021 @12:52PM (#29332850)
They’ll just increase the immigration rate to make up for it
Re:Low interest rates in advanced countries have pushed mone... by whytaka on Wednesday November 24, 2021 @01:15PM (#29333180)
Or we might have a commensurate number of immigrants/refugees fleeing the effects of climate change caused by western consumption.
Re:Low interest rates in advanced countries have pushed mone... by poulsbohemian on Wednesday November 24, 2021 @01:32PM (#29333411)
I work in real estate so I'm alway interested in people's hypotheses... knowing that the Millennial and Z generations are both bigger than the Baby Boomers, I'm curious why your hypothesis is that housing prices will be in a free fall rather than continue to be a case of less (desirable) supply relative to demand.
Re:Low interest rates in advanced countries have pushed mone... by thisisnico on Wednesday November 24, 2021 @12:52PM (#29332843)
Immigration will make up for the difference.
Re:Low interest rates in advanced countries have pushed mone... by twiddling on Wednesday November 24, 2021 @12:57PM (#29332915)
Re:Low interest rates in advanced countries have pushed mone... by cblconfederate on Wednesday November 24, 2021 @01:09PM (#29333085)
Assuming that people will still want to emigrate to the west
Re:Low interest rates in advanced countries have pushed mone... by inherently_juxt on Wednesday November 24, 2021 @01:14PM (#29333164)
Nah, large companies will continue to buy up all the dying boomers' homes like they do today. The companies will then jack up the rent on all property in the area. Small kids today will never know ownership unless its through their daddy's company.